obama hates people who succeed and make money... john lovitz said obama is an ehh hole..So are long term cap gains non taxable or less taxed? and i have to hold for 365 days at least right? I may just do that.. im so far ahead now and appl is firing on all cylinders. i dont think im gonna hold margin shares long term though only non margin shares
ive made more this month then i do in my job in 3 1/2 months.. i sold my margin shares and am pretty much all in aapl no margin.. that means to actually loose money aapl would have to reach about 90 a share. i think im just gonna hold on... my gains this year are high though so more taxes :(
So im thinking about just holding this stock now long term and pay the taxes on the 7k next year... other option is to sell everything by dec 31 and pay my taxes off that, that way next year starts off as 0 gain... im not sure what i want to do.. if i hold tight and dont sell then my gains can be tens of thousands once i finally sell and i would have to pay taxes on that.. not sure what to do.. but its a great problem to have.
Im up 7 grand this year.. Pretty much every time i sold i bought back the stock cheaper... i have been selling everything then buying everything back cheaper, i also recently after earnings have been keeping a core position and trading the rest and each trade i buy back lower then i sold.. only a few times this year i have bought back higher then i sold and it was only a few times maybe .50 cents to a dollar higher... if i would have just bought and hold everything i would be up about 4 grand..
this is insane though .. really... My initial investment was 25k and i sometimes use margin so sometimes have 50k in stock... i know its not as much as some of you.. but to make 7k off of 25k in 4 weeks is insane..
I now have a position thats not margin but i was able to buy more shares so now i have 280 shares
the market is rigged. blowout quarter is worth more then 2 dollars . aapl went down 4 dollars tuesday up 6 today thats net 2 dollars im just glad we will probably never see 100 again .
shoot up for earnings then give it all back within a week or two.. will this time be different? AAPL has been in a range for so long i thought today was the breakout day.. guess not.. the p/e is now 15.5 it was 17 before earnings. AAPL is cheaper now then before earnings.. yet it drops for no reason.
thats a net gain of 2.17.. yep thats not even a 2 percent gain from the best earnings any company ever has ever delivered. You know if apple didnt blowout the stock would be down 10-15 percent today... yet on a blowout we are barely rewarded.. almost makes it not worth owning the stock its so manipulated
nflx?? that company barely makes any money and has a pe of 105. its very risky to buy such an expensive stock as nflx.